Karatek International in Kennewick, Washington (WA)
Karatek International |
Employer Identification Number (EIN) | 263422144 |
Name of Organization | Karatek International |
In Care of Name | Martin Gibbs |
Address | 3030 W Clearwater Ave Suite 220, Kennewick, WA 99336 |
Website | http://www.ktekint.org |
Subsection | Charitable Organization |
Ruling Date | 04/2009 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 2008 |
Assets | $10,000 to $24,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $12,781 |
Amount of Income | $38,467 |
Form 990 Revenue Amount | $38,467 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Management & Technical Assistance |
Amount of income in 2008: $38,467 (it was $61,718 in 2013)
This organization: | $38,467 |
Other organizations performing similar types of work: | $76,158 |
Assets in 2008: $12,781 (it was $12,304 in 2013)
This organization: | $12,781 |
Other organizations performing similar types of work: | $72,430 |
Expenses in 2013: $40,287
Karatek International: | $40,287 |
Other organizations performing similar types of work: | $60,747 |
Income to expenses ratio in 2013: 1.0
Karatek International: | 1.0 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 92.0%
This organization: | 92.0% |
Other organizations performing similar types of work: | 18.1% |
Revenue, Expenses, and Changes in Net Assets or Fund Balances |
| 2011 | 2012 | 2013 |
Total revenue | $50,958 | $56,965 | $61,718 |
Contributions, gifts, grants, and similar amounts received | $39,262 | $49,669 | $56,801 |
Program service revenue including government fees and contracts | $5,550 | $7,142 | $4,870 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $11 | $4 | $4 |
Gain/Loss from sale of assets other than inventory | $1,088 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $5,047 | $0 | $0 |
Other revenue | $0 | $150 | $43 |
Total expenses | $44,135 | $45,674 | $40,287 |
Total net assets | $-37,300 | $-26,009 | $-4,578 |
Excess/Deficit for the year | $6,823 | $11,291 | $21,431 |
Net assets or fund balances at beginning of year | $-44,123 | $-37,300 | $-26,009 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | | $-26,009 | $-4,578 |
Balance Sheets |
| 2011 | 2012 | 2013 |
Total assets | $10,608 | $10,092 | $12,304 |
Total liabilities | $47,908 | $36,101 | $16,882 |
Net assets or fund balances | $-37,300 | $-26,009 | $-4,578 |
Reason for Public Charity Status (for 2013) |
The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) |
| 2009 - 2013 Total |
Public support | $318,853 |
Subtotal | $341,442 |
Gifts, grants, contributions, and membership fees received | $235,597 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $105,845 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
Less | $22,589 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $22,589 |
Total support | $341,442 |
Public support | $341,442 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $0 |
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Organizations performing similar types of work |
Id | Name | Address | State | Established | Total Income |
1 | Jfmc Facilities Corporation | 30 South Wells No 4049, Chicago, IL 60606-5054 | IL | 1985-09 | $22,945,444 |
2 | Association Of Fundraising Professionals | 100 West 10th Street, Wilmington, DE 19801 | DE | 1987-09 | $76,158 |
3 | Karatek International | 3030 W Clearwater Ave Suite 220, Kennewick, WA 99336 | WA | 2009-04 | $38,467 |
4 | Funding Pool Inc, Fundingpool Com | 225 Sw Broadway Ste 300, Portland, OR 97205-3700 | OR | 2001-06 | $0 |
Number of organizations performing similar types of work |
| |
Total | 4 |
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